NO share consolidation taking placeSearchGold Will Not Consolidate its Shares
LastUpdate: 6/23/2010 2:03:12 PM
MONTREAL, QUEBEC, Jun 23, 2010 (MARKETWIRE via COMTEX) --SearchGold Resources Inc. ("SearchGold")(RSG) (FRANKFURT: S1O) announces that the number of shareholder votesrequired to approve a consolidation of the Company's common shares ata ratio of one (1) new share for each tranche of ten (10) outstandingcommon shares was not obtained at its Special meeting of shareholdersheld in Montreal on June 23, 2010.
SearchGold now has 148,530,171 common shares outstanding and, inaccordance with the decision of shareholders as expressed by the voteobtained, no share consolidation will be executed. .
Neither TSX Venture Exchange nor its Regulation Services Provider (asthat term is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release.
Contacts:
SearchGold Resources Inc.
Philippe Giaro
President & CEO
011-32-473-52-30-29
phgiaro@skynet.be
https://www.searchgold.ca
SOURCE: SearchGold Resources Inc.
# Orders |
Shares |
Bid |
Ask |
Shares |
# Orders |
4 |
351000 |
0.020 |
0.025 |
1092000 |
23 |
24 |
2658000 |
0.015 |
0.030 |
622000 |
15 |
11 |
2850000 |
0.010 |
0.035 |
1362000 |
16 |
8 |
1420000 |
0.0050 |
0.040 |
532000 |
10 |
0 |
0 |
0.000 |
0.045 |
442000 |
7 |
23 Jun 2010 15:13 PM ETReal-time quote TSX Venture